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Motorola Acquires Video DRM Provider SecureMedia

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Photo via r.nial bradshaw on Flickr under the Creative Commons License

Schaumberg,
Ill.
– Motorola (NYSE: MOT) announced on
Thursday that it will acquire the assets of SecureMedia, a developer of
software-based digital rights management (DRM) and security systems for
Internet video.

Financial details of the transaction were not disclosed.

Founded
in 1996, Massachusetts-based SecureMedia has to date raised over $4 million in
venture capital, and was acquired by MediaXstream for an undisclosed sum in
April 2008.

The company’s DRM technology has been approved by all the major
film studios and TV networks.

Motorola said that SecureMedia will become part
of its Home & Networks Mobility business.

 

Related Links:
http://snipurl.com/tzu3l

http://www.securemedia.com

2 COMMENTS

  1. Well, I wonder what they want to do with it. Many try something like the other manufacturers which gave free music legally to the phone owners.

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